Regional Enterprise Development Fund to Address Skills Needs

IT Carlow & WIT secure key project funding that will address skills needs in technology and manufacturing under the Regional Enterprise Development Fund

A new INSURTECH Centre at Institute of Technology Carlow will provide business development services to support the creation and commercialisation of technology solutions to the global insurance services sector, including the delivery of business development programmes, technology transfer services, and providing work spaces for entrepreneurs and related services including training, mentoring, peer to peer collaboration.

The new ‘THREE-D’ project initiative, led by Waterford Institute of Technology, is about creating a 3D Manufacturing facility in the southeast that will provide:

Both these projects are a strong vote of confidence in the South East region and demonstrate the capacity of Higher Education in the region to support economic development.

Minister for Business, Enterprise, and Innovation, Heather Humphreys, announced that 21 regional projects win €30.5m in competitive funding from Enterprise Ireland. She said the funding will help stimulate regional growth. “Our aim was to provide financial support for organisations set up specifically to bring together stakeholders on projects that will benefit the local community, the
region or nationally.